Americans mine bitcoin through Starbucks electricity

Cryptocurrency mining is an attractive practice for a significant portion of the population. And no one can deny that digital coin miners have strong creative personalities and ways of doing things.

Proof of this is when American Idan Abad walked into Starbucks and seized the opportunity to mine bitcoins using coffee electricity.

We have already provided several examples of extravagant and daring cryptocurrency mining systems here. Some examples are an electric vehicle that mine while it's parked, but system with 3800 PlayStation 4, mining that warmed the glacial lake in New York, among many others.

But now there is another unusual story to add to this catalog, which is already starting to grow.

Americans mine bitcoin with Starbucks' energy

The most recent news is about the American Idan Abad, who entered a Starbucks coffee shop and took the opportunity to get cryptocurrency using the electricity of the establishment.

Idan lives in the San Fernando Valley, Los Angeles and decided to go to a cafe with little equipment for $ 875 to mine bitcoins. The miner recorded everything on video and posted it on the TikTok social network.

In the video, the miner also leaves a message stating that mining bitcoins consumes energy, so he does it at Starbucks for free. The video has been watched by thousands of people, but it is believed that Idan's main goal was to promote his store. BitcoinMerch...

A system for those who know little about mining

The small mining system has 10 USB ports and a mini fan for cooling the handles. These, in turn, are ASIC chips from the manufacturer Bitmain. According to the miner, "it is one of the fastest ways to build, configure and extract as all you need is a computer or laptop. It is powered by USB and anyone can become a miner and become a part of the crypto world.".

Idan understands that many people find it difficult to buy hardware to build a traditional mining system. So you've built your store with these solutions that make things easier for those who don't understand the process.

Miner also added that sales at his store have already reached $ 428,000 in 2021, up 355% from last year.

However, this hardware may not be very profitable due to the very low hash rate. Idan points out that the pens are generating 0.0002478 bitcoins per month, which is about $ 9.85 at the current conversion rate. well and CNBC he adds that electricity in Los Angeles costs 22 cents (dollars) per kilowatt-hour. Thus, if the system is running 24 hours a day, it will cost $ 15.84. Therefore, you can spend more than you earn.